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Write an Industry Analysis on the viability of an online grocery store.
In the last section, we learned how to do industry analysis, and in this, we will see how to write one.
Writing is also a required skill as you need to present all the findings within a written report in a concise and clear manner.
Begin by writing a concise overview of the industry.
Mention historical data and the nature of the industry, including its growth potential.
State the influencing economical factors and most importantly, don’t forget mentioning the purpose of your industry analysis.
The concise overview of the industry should include its competitors and their operations.
You can write this in the next section. Write about similar products and services.
Now, with the overview aside, move on the detailed analytical presentation of the specific industry.
Highlight factors like geographical growth, consumer base, price fluctuations, past performances and income projections.
Use existing financial data and industry understanding to forecast industry growth for the next five or ten years. You can use statistical graph in this section.
The next sections should be about using Porter’s Five Forces model and a detailed write-up about its five factors, its use and repercussions in the industry. Don’t forget mentioning governmental regulations relevant to the industry.
Lastly, give long-term and short-term valuations impacting the industry such as any foreseeable problems impacting the business in a negative fashion and potential corrective measures. Wind up the industry analysis report with a very three or four line summarization.